Tuesday, July 3, 2007

Autonomy to buy Zantaz for $375 mln, place shares

(Reuters) - Shares in Autonomy, which pulls together and analyses information from a range of mediums such as e-mail, video and audio, jumped as much as 10 percent in early trading.




Autonomy said it was partly funding the deal to buy Zantaz with an underwritten placing of 12.7 million new shares, expected to raise about $180 million.


Read more at Reuters.com Hot Stocks News

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